BMO Capital Maintains Market Perform on Okta, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains a Market Perform rating on Okta (NASDAQ:OKTA) but lowers the price target from $110 to $100.
June 03, 2024 | 1:49 pm
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BMO Capital has maintained its Market Perform rating on Okta but has lowered the price target from $110 to $100. This suggests a cautious outlook on the stock's near-term performance.
The lowered price target indicates a less optimistic view on Okta's near-term performance, which could lead to a negative sentiment among investors and potential short-term price decline.
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IMPORTANCE 80
RELEVANCE 100